Ireland Exits Bailout With No Backstop: A Good News Story?
After years of turmoil, Europe seems to finally have a good news story. Ireland will be the first of country to […]
Ireland Exits Bailout With No Backstop: A Good News Story? Read Post »
Euro Crisis
Resolving Europe’s Banking Crisis
I’m giving a presentation tomorrow afternoon at the annual Dublin Economics Workshop conference in Limerick. (For those of you who don’t know these
Resolving Europe’s Banking Crisis Read Post »
Mr Draghi, The Vicious Circle And The Stress Tests
I was in Brussels on Monday and attended the European Parliament’s Economic and Monetary Affairs Committee for its latest meeting
Mr Draghi, The Vicious Circle And The Stress Tests Read Post »
Are the EU and IMF Bullying Ireland?
Back to blogging again after a rare bit of time off over the summer, here are some comments on the
Are the EU and IMF Bullying Ireland? Read Post »
Time For ECB To Agree A New Plan For Cyprus
Some thoughts on where things stand in Cyprus including the parallels between Ireland’s treatment of Anglo’s debts and the current
Time For ECB To Agree A New Plan For Cyprus Read Post »
Sorry Olli, the IMF Were Being Nice About Europe’s Role in Greece
Olli Rehn thinks the IMF were being mean to the euro area’s leaders in last week’s report on the Greek
Sorry Olli, the IMF Were Being Nice About Europe’s Role in Greece Read Post »
IMF on Greece: We Screwed Up But It’s Really the Eurozone’s Fault
The IMF’s apologia, er, review on its Greek programme makes for very interesting reading. Some quick comments here.
IMF on Greece: We Screwed Up But It’s Really the Eurozone’s Fault Read Post »
Has Cyprus Already Left the Euro?
In the presentation I gave last month on potential euro breakup scenarios, I flagged the introduction of capital controls in
Has Cyprus Already Left the Euro? Read Post »
Cyprus: Europe Rolls the Dice on its Banks
My reaction to the final agreement on Cyprus including a link to an op-ed I wrote for the Irish Times.
Cyprus: Europe Rolls the Dice on its Banks Read Post »
Vermont Exit from the Dollar Would Have Little Impact
Following Landon Thomas Jr’s New York Times report “For Euro Zone, a Cyprus Exit Would Have Little Impact”, we’ve been
Vermont Exit from the Dollar Would Have Little Impact Read Post »
Whatever It Takes? Cyprus and the Euro on the Brink
My latest thoughts: Is Draghi really going to save the euro after this week’s events.
Whatever It Takes? Cyprus and the Euro on the Brink Read Post »
Revised TARGET2 Paper & Implications for ECB of Cyprus Exit
I’ve updated my TARGET2 paper. Here is a post with a link to the new paper and a discussion relating
Revised TARGET2 Paper & Implications for ECB of Cyprus Exit Read Post »
Cyprus Deposit Levy: No Panic Yet But Scary Long-Term Consequences
Despite the absence of any panic today at European banks or in financial markets, I believe this weekend’s decision on
Cyprus Deposit Levy: No Panic Yet But Scary Long-Term Consequences Read Post »
Cyprus Depositor Tax: Genius Plan or the End of the Euro?
A quick reaction to the Cyprus deposit levy here.
Cyprus Depositor Tax: Genius Plan or the End of the Euro? Read Post »
A Plea for Growth to Europe’s Politicians
This morning I am giving a talk to a meeting in Dublin of the chairpersons of the 27 EU finance
A Plea for Growth to Europe’s Politicians Read Post »
Olli’s Follies: Is Debate About Fiscal Multipliers Unhelpful?
Olli Rehn is the European Commissioner for economics. Olli has spent much of his time in recent years telling everyone
Olli’s Follies: Is Debate About Fiscal Multipliers Unhelpful? Read Post »
Presentation on Euro Exit Scenarios
I’ve been very busy because of personal and professional commitments over the past few weeks and haven’t had any time
Presentation on Euro Exit Scenarios Read Post »
Fed’s Brave Steps Contrast with ECB’s Inertia
Some thoughts on today’s FOMC announcement and the contrast it represents to the ECB’s approach to monetary policy.
Fed’s Brave Steps Contrast with ECB’s Inertia Read Post »
Standoff on Greece Driven by Short-Sighted Europolitics
Some thoughts on the Greek situation and the ongoing negotiations in Brussels.
Standoff on Greece Driven by Short-Sighted Europolitics Read Post »
All You Wanted to Know About TARGET2 But Were Afraid to Ask
I’ve written a new paper on TARGET2. This post introduces and links to the paper.
All You Wanted to Know About TARGET2 But Were Afraid to Ask Read Post »
It’s Official: The Eurozone is in Recession
CEPR’s Business Cycle Dating Committee has declared the euro area economy as being in recession since 2011:Q3. Links and discussion
It’s Official: The Eurozone is in Recession Read Post »